The EU debate - Part III

It's nothing to do with that, Custard. Not everything is about race and culture.

The Euro was flawed in an economic sense for the outset. I could go into a long explanation, but I don't have that much time now.

 

44% of our exports go to the EU, with tariffs they'll become less competitive in the EU market and it's a fair assumption that our exports to that market will drop.

What we gain in terms of revenue from import tariffs will likely be lost by the fall in GDP that would inevitably occur as our main export market is dramatically reduced.

 

As is the concept that tariffs will result in tax cuts. The damage to company profits due to reciprocal arrangements and custom charges of up to £1000 per container will wipe it out.

 

The UK market is a fraction of the size of the total EU market. If a global manufacturer is looking for a base to produce goods for the total European market, then they're not going to choose the UK if we've got a trade barrier are they?

So this will cost our economy jobs long term, and that's before you factor in those who are currently here who will no doubt seek to relocate over time.

Access to the single market is absolutely essential. Anyone pushing it off as a 'nice to have' is quite simply delusional imo.

 

I will just say re the Euro, that it was obvious to us in the City, and to most economists that you can't have a central monetary policy and 12, now 19 separate member states running their own individual fiscal policies.

It's unsustainable, and always was.

 

They need a plan for Brexit, not for the outcome of thevreferendum. That's the starting point.

They're clearly well on with it already.

 

Of course, which makes it scary that Dickhead Davis, who seems to think that it's of little importance, is supposedly running negotiations.,...

 

No it's not. The UK wont allow freedom of movement and then will negotiate on the single market and other matters. There are plenty in the EU who want the UK to be part of the single market. If the UK and EU can't agree on the UK being part of the single market then I am quite happy with charging the EU tariffs to sell their goods in the UK.
The UK will concentrate on negotiating free trade deals with the rest of the world. If the EU is unable to negotiate free trade deals with other countries because of their complicated structure then that's all for the good of the UK which will be able to negotiate free trade deals with the rest of the world a lot easier and quicker.

 

South Korea trade deal cited by EU as landmark trade policy slammed as bungled mess

BUNGLING EU negotiators want to re-write the Union's biggest free-trade deal because of a major cock-up set to cripple European aerospace firms.

The EU at its best

 

I'd call this delusional! But that doesn't begin to cover it!!..

 

Cue: "That's reported by the Express so it never happened".

 

Any reasons?

 

What France want will be different to Spain, Greece or Poland, much is about culture differences, OK not so much about race, as we are all the same.
How they can get any deals with other counties and all agree is very hard, but a single country its much easier.

 

Once we get agreeing deals with single countries it will be interesting to compare the time it took with the time the EU took.

 

Sounds like a cracking plan that like.

Cripple our biggest export market but not being arsed as our little island is going to get better deals across the globe than the huge EU market can manage to negotiate.

Have you ever heard of the concept of economy of scale like?

 

Do you think that saving would be passed on to Joe Public?
Are you confident of that?

 

Only tax payers. Who would then be taxed to cover the increased costs of pensioners and poor who do not pay tax.

 

What time frame are you expecting these deals to get to the stage of implementation as a matter of interest?

(given he's got me on ignore feel free to answer for him )

 

If the savings are not passed on then we would have better public services, etc.

 

Do you not think its likely that the amount of tax we pay will stay the same and the government will pocket the tariff fees and get double bubble?
I know that those tariff fees could then be used to improve things like the NHS, Police etc, do we expect this Tory government to spend that money where it is needed?
And not on a third house and a **** ton of expenses?